XAUUSD has an overall bullish pennant for its market structure. To support this, it showed a strong bearish divergence to which I suspect will lead to a strong reversal soon so for my first TP area, I expect it to fall as low as 1820 and see where it goes from there as we will be playing with retracements until it reaches my overall TP of 1769.
Disclaimer: This is for educational purposes only.
Disclaimer: This is for educational purposes only.
Trade closed: target reached
